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Gold/Mining/Energy : Millstream Mines (MLSM) -- Ignore unavailable to you. Want to Upgrade?

To: RICK who wrote (398)	10/21/1999 11:58:00 AM
From: Morag	Read Replies (2) \| Respond to of 664

Here's an interesting piece of news - do you think this might be keeping HDG busy? In todays National post financial section - the article is much longer, but I thought I would share some of the more interesting excerpts. "Hunter Dixon eye Miramar merger - propose $113 deal."by John Schreiner Taseko Mines Ltd. a Vancouver junior run by veteran promotors Robert Hunter and Robert Dickinson, wants to merge with gold producer Miramar Mining Corp in a $113 million deal that represents a 100% premium over Miramar's depressed share price. "The effective share price of the merger would be based on a Miramar share price of $2", Mr. Hunter, chairman of Taseko said in an Oct 15 letter to Anthony Petrina, chairman of Miramar...... Mr. Hunter said the offer would appeal to Miramar shareholders because of the premium ......Taseko's proposal could re-open old history between Mr. Petrina and Mr. Hunter. In 1990, Placer Dome Inc. which Mr. Petrina was then running acquired the Mount Milligan low-grade copper-gold property in BC by taking over a Hunter Dickinson company. Placer Dome took a $231-million write off on the property in 1991, and Mr. Petrina subsequently resigned.... Detect some ownership and dealing patterns here? FWIW